The median home value in Darien is $1,637,673, according to Zillow. To determine Americas poorest towns, 24/7 Wall St. reviewed five-year household income data from the U.S. Census Bureaus American Community Survey in every American town with a population of between 1,000 and 25,000. Just click a pin (by state) and scroll down to see the results rendered in alphabetical order in the chart beneath the map. After the analysis was over, we crowned Cary as the richest city in America for 2022. With one of the most economically tumultuous years coming to a close, its a chance to take stock and look at the financial landscape of American households as 2021 begins. Along those lines, Sunnyvale sits in a good neighborhood. The Midwest is also home to some of the lowest incomes, such as Michigans Highland Park, Missouris Cuba and Ohios East Cleveland. It's the kind of place where you see soccer moms running errands in the middle of the day, where landscaping crews do their duty, and where the everyone's biggest concern is who is going to try and take their money away from them. Not surprisingly, many of the richest cities are wealthy suburbs of major cities, such as Winnetka, Illinois, a suburb of Chicago and home to the iconic house in Home Alone. Some rich cities are the suburbs of more than one city, such as Atherton, California, which stands between two insanely-expensive cities, San Francisco and San Jose. Finding a qualified financial advisor doesnt have to be hard. University Park is a suburb of Dallas. Many of the streets are named after authors, such as Geoffrey Chaucer, John Dryden, and William Shakespeare. Some towns listed are the homes of famous financiers, politicians, and actors; these wealthy residents obviously provide huge boosts to the area's average income. #9. For this analysis we used the -- U.S. Census 2016-2020 American Community Survey. This Westchester County, New York, town was first developed in the 18th century. Located less than eight miles outside of Denver, this Arapahoe County, Colorado, town is home to two former NFL quarterbacks: John Elway and Peyton Manning. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. You won't see condos here. Satellite images of Atherton, California - where the average household income just blew past half a million dollars -- reveal the sprawling homes of tech billionaires and sports stars, studded with tennis courts and pools. Best known for being home to Trump's Mar-a-Lago Club, Palm Beach is a beautiful beach town situated on the southeastern tip of Florida. Keep reading for a look at richest towns in the US. Population: 146,145Rank Last Year: 6 (No Change)Median Income: $129,497 (4th best)Unemployment Rate: 3.5% (16th best)More on Bellevue: Real Estate|Crime|Cost Of Living. There is definitely some overlap between the first list, where cities had to have at least 1,000 households, and this list in which there are no size limitations. Its population is just over 25,000 (as of 2020). Atherton, California, is the richest town in America with an average annual household income of $525,000. Probably. Why Is Marie Antoinette Everywhere Again? if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'homesnacks_com-large-mobile-banner-2','ezslot_16',120,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-large-mobile-banner-2-0');While it's good news for the cities we mentioned, we have to mention the poorest cities in America. 5). You won't see too many police officers around, but when they police are called, they show up in minutes. People here earn on average, the 13th highest incomes overall, and only 3.56% of people who live here don't have a job. The leafy town on the Long Island Sound boasts 11 parks and has easy public transport links to Manhattan. Or if you're simply not interested in reading about the high and mighty, and you don't care about this list, check out: Here in Cary, North Carolina, things couldn't be more rich. Paradise Valley is right outside of Phoenix. The top 20, listed below, each had an average household income over $300,000. Our next stop, Fremont, California, probably won't come as a surprise to anyone who lives in the state. Glencoe, just north of Winnetka, is another Chicago suburb situated on Lake Michigan. Editor's Note: We updated this article for 2022. The wealthiest 1% of Americans hold an amazing 40% of all wealth. Just 17 miles south of San Francisco in Californias San Mateo County, Hillsborough is home to several significant mansions in American architectural history, including: Carolands, built by Harriet Pullman Carolan, the Pullman railway heiress; the Western White House, built by George Randolph Hearst, son of William Randolph Hearst, and designed by Julia Morgan, of Hearst Castle fame; and the Sidney Bazett Residence, designed by Frank Lloyd Wright and lived in by Joseph Eichler for a time. Our auditors at OpenTheBooks.com cross-referenced the nations 50 richest communities listed in the Bloomberg 2020 Richest Places with Heroes Act coronavirus bailouts. Should the American taxpayers from lower-income areas be subsidizing the lifestyles of the rich and famous? Cherry Hills Village, CO (income: $406,314/ bailout: $3.3 million) With a median home price of $2 million, the community is located 10 miles from Denver. Notable residents include the owner of the Dallas Cowboys, Jerry Jones, and the former governor of Texas, Bill Clements. This Dallas suburb is home to Southern Methodist University, which was founded in 1915, and the George W. Bush Presidential Center. #7. Theres also a home for sale 6.8 times that size (15,300-square-foot) and more than 19 times that price, listed at $32 million. 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The richest towns in America are Atherton, Calif., with a household income that exceeds a half-million dollars, followed by Scarsdale, N.Y., with $452, 041. You can download the data here. While it's idyllic in many places, it can be quiteboring. Households here vary between two-income homes when both parents have great jobs, or households where there's one primary earner in the top tier of their industry. Check out: The best credit cards of 2020 could earn you over $1,000 in 5 years, Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. The cities we're about to mention are pretty wealthy, overall. The recent five-year national median household income is 10% higher than the previous five-year period, 2012-2016, adjusted for inflation. #8. 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Of the remaining top 20 richest towns in America, one is nestled just outside the nations capital, one is in Florida, one is in Arizona, six are in the New York Tri-State Region, and two more are in California, one of the richest states in the U.S. Bloomberg compiled its Richest Places Index using data from the U.S. Census Bureaus American Community Survey, evaluating inflation-adjusted household income data for all U.S. places, defined by the Census Bureau as having a minimum of 2,000 households. Some small towns and suburbs are home to high amounts of concentrated wealth. It takes Google Maps to get a glimpse of what lies behind. Highland Park is also famous for serving as a filming location for the 1980s hit television show Dallas. For the rest of America, we can feel better about ourselves when we define rich as love, friends, health or the little things in life. Fairbanks is the second wealthiest metro area in Alaska and the 13th wealthiest nationwide. Welcome to Bellevue, Washington, our 6th most richest city in America. 2. "Being only 20 minutes away from Silicon Valley and 45 minutes to downtown San Francisco, [Atherton] is where many billionaires and C-Suite executives choose to reside," Rachel Swann, real-estate brokerage The Agency San Francisco managing partner, told CNBC Make It. Just down the road, you have Palo Alto, the heart of Silicon Valley. The median home value in Cherry Hills Village is just shy of $2,612,468, according to Zillow. (, These are the most educated big cities in the country. and Facebook. In these wealthy communities, the average household income ranged from #1 Atherton, CA ($525,324) to #50 Darnestown, MD ($262,988). All four have average incomes upwards of $400,000. Population: 139,216Rank Last Year: 8 (No Change)Median Income: $96,548 (32nd best)Unemployment Rate: 3.1% (4th best)More on Olathe: Real Estate|Crime|Cost Of Living. They have to be doing something right in here. Yeah they are. We only included census place geographies that have populations of at least 25,000. Silicon Valley area towns take three of the top five spots, Texas gets two more towns on Bloomberg 100 Richest Places list. Darien, CT (income: $352,839/ bailout: $10.7 million) A storied East Coast community, notable residents included Charles Lindberg, Vineyard Vines CEO and founder Ian Murray, and many actors, politicians, and CEOs. The New York suburb has been home to several American celebrities, including Bruce Springsteen. Where's our 3rd richest city in the entire nation? While Silicon Valley and the New York metro area make up a big chunk SmartAssets free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. It is 25 miles from the city. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'homesnacks_com-medrectangle-3','ezslot_1',143,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-medrectangle-3-0');The general assumption is going to be suburbs of major cities where people live in big homes, away from the grimy, packed downtown areas. Population: 234,829Rank Last Year: 2 (Down 3)Median Income: $142,374 (2nd best)Unemployment Rate: 4.0% (36th best)More on Fremont: Real Estate|Crime|Cost Of Living. In addition, this city has a low unemployment rate, and one of the state's lowest poverty rates. And while it might be easy to scoff at the success of folks here, you have to remember, just about everyone here worked their butts off to get to where they are. Maybe from an outsiders standpoint, but it might be more of a shallow suburban type of vibe. 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